39932018-11-09T00:09:05ZTaxationLEAP ActShort Titles as IntroducedLeveraging and Energizing America's Apprenticeship Programs ActShort Titles as IntroducedTo amend the Internal Revenue Code of 1986 to allow employers a credit against income tax for employees who participate in qualified apprenticeship programs.Official Title as IntroducedLEAP ActDisplay Title2015-11-051.0.02015-11-06T10:19:27Z114House[Congressional Record Volume 161, Number 165 (Thursday, November 5, 2015)]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Ms. WILSON of Florida:H.R. 3993.Congress has the power to enact this legislation pursuantto the following:Article I, Section 8, Clause 1 provides Congress with theauthority to spend revenue on the general welfare.[Page H8154]]]>HRLEAP Act00Leveraging and Energizing America's Apprenticeship Programs Act or the LEAP Act

This bill amends the Internal Revenue Code to allow employers a business-related tax credit of $1,500 for hiring an apprenticeship employee who has not attained age 25 at the close of the taxable year or $1,000 for hiring an apprenticeship employee who has attained age 25. The credit is available for no more than two taxable years with respect to any apprenticeship employee.

An "apprenticeship employee" means any employee who is: (1) a party to an apprenticeship agreement registered with the Office of Apprenticeship of the Employment and Training Administration of the Department of Labor or a recognized state apprenticeship agency; and (2) employed by the employer in the occupation identified in the apprenticeship agreement, whether or not the employer is a party to such agreement.

]]>2015-12-22T19:24:29ZIntroduced in House2015-11-052015-11-05T05:00:00ZIntroduced in HouseW000808W00080820047889FLRep. Wilson, Frederica S. [D-FL-24]D24WilsonFredericaS.2015-11-05Referred to the House Committee on Ways and Means.HouseWays and Means CommitteeStandinghswm002015-11-05T14:04:20ZReferred toEmployment and training programsIncome tax creditsTaxation1143088CRSRelated billLEAP ActHR2015-07-16Referred to the Committee on Ways and Means, and in addition to the Committee on Oversight and Government Reform, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.1143435CRSRelated billLEAP ActHR2015-07-31Referred to the House Committee on Ways and Means.114574CRSRelated billLEAP ActS2015-02-25Read twice and referred to the Committee on Finance.2015-11-05IntroReferralReferred to the House Committee on Ways and Means.H111002House floor actionshswm00Ways and Means Committee2015-11-05IntroReferralIntroduced in HouseIntro-H9Library of Congress2015-11-05IntroReferralIntroduced in House10009Library of Congress1113text/xmlENPursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.Congressional Research Service, Library of CongressThis file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.